Search results
Results from the WOW.Com Content Network
Narayana's other major works contain a variety of mathematical developments, including a rule to calculate approximate values of square roots, investigations into the second order indeterminate equation nq 2 + 1 = p 2 (Pell's equation), solutions of indeterminate higher-order equations, mathematical operations with zero, several geometrical ...
Mathematical economics is the application of mathematical methods to represent theories and analyze problems in economics.Often, these applied methods are beyond simple geometry, and may include differential and integral calculus, difference and differential equations, matrix algebra, mathematical programming, or other computational methods.
Economics handbooks that form a series include, but are not limited to, the following: Cambridge Economic Handbooks – associated with Cambridge University Press in the U.K. It began in 1922 with volumes titled Supply and Demand [3] and Money. [4] Volumes in the series carry an often-cited introduction of J. M. Keynes, its first editor. [5]
Equity premium puzzle: The equity premium puzzle is thought to be one of the most important outstanding questions in neoclassical economics. [6] It is founded on the basis that over the last one hundred years or so the average real return to stocks in the US has been substantially higher than that of bonds.
That is, one can ask how a change in some exogenous variable in year t affects endogenous variables in year t, in year t+1, in year t+2, and so forth. [1] A graph showing the impact on some endogenous variable, over time (that is, the multipliers for times t , t +1, t +2, etc.), is called an impulse-response function. [ 2 ]
In 2014, Big Ideas Learning debuted the Big Ideas Math Algebra 1, Geometry, and Algebra 2 Common Core high school mathematics curriculum. The company also announced that it will be releasing the Big Ideas Math Course 1, Course 2, and Course 3 Common Core integrated high school mathematics curriculum in the spring of 2015.
Classical economics focuses on the tendency of markets to move to equilibrium and on objective theories of value. Neo-classical economics differs from classical economics primarily in being utilitarian in its value theory and using marginal theory as the basis of its models and equations. Marxian economics also descends from classical theory.
Published on April 12, 2005, by William Morrow, the book has been described as melding pop culture with economics. [1] By late 2009, the book had sold over 4 million copies worldwide. [ 2 ] Based on the success of the original book, Levitt and Dubner have grown the Freakonomics brand into a multi-media franchise, with a sequel book, a feature ...